No. 10

6 March 2000


Tightening Market Encourages Saudi Aramco And KPC To Hike March LPG Prices By $55/Ton

Saudi Aramco and Kuwaits KPC have raised their LPG contract prices for March by $55/ton over the February prices, to $325/ton for both propane and butane. The new prices reflect the experience of bids for March spot tender volumes achieving an even higher price, suggesting the market would withstand a substantial increase.

The Saudi Aramco T3 spot tender for 21-31 March...